Practice Transitions Program
This collection of tools and resources will benefit Vision Source members who are interested in:
- Selling a practice
- Buying an existing practice
- Starting an additional practice
The Practice Transitions Center will provide an easy to follow, step-by-step process for each of the scenarios listed above, which will include what to do, when to do it, and what resources you’ll need in order to be successful.
The resources available include:
- Initial Practice Valuation – Practice valuation servies are provided at a reduced fee for Vision Source members interested in preparing their practice for sale in the coming years. This initial valuation combined with information regarding your current practice productivity provides valuable insight to how the value of your practice can be enhanced through improved cash flow and profitability prior to sale. The final valuation is completed when you are ready to list your practice or identify a buyer. For those wanting to sell their practice in the short term the final valuation is all that's needed to establish the sale price of your practice.
- Timeline Development – Let our consultants assist you in developing a strategy for selling your practice that meets your schedule and exit strategy.
- Brokerage and Listing – From a simple, easy to manage listing service that puts your practice sale in front optometrists across the country, to a broker that can handle your sale from valuation to closing, we have what you need.
- Financing Resources – Whether you’re financing a practice purchase or startup yourself or assisting a potential buyer in securing financing to buy your practice, resources for financing are available at excellent rates with preferential treatment.
- Contracting and Negotiation – If you need assistance in putting the deal together or negotiating the best possible price for the practice your selling or the practice you’re buying, help is just a click away.
For information about the Practice Transitions Program, contact Dr. Walt West at 281-318-7837.
Interested in Joining Vision Source?
Get in touch with our team to see if you'd be a good fit for membership.